Updates to Exemption Framework for Cross-Border Business Arrangements in Singapore

On June 5, 2020, the Monetary Authority of Singapore (the MAS) issued its response to a consultation paper on streamlining the exemption framework for business arrangements between financial institutions in Singapore and their foreign related corporations (the “FRC Framework”), commonly referred to as the “Paragraph 9” and “Paragraph 11” exemptions.

During this webinar, we will discuss the MAS’s proposed changes to the FRC Framework, taking into account the latest guidance from the MAS response.

Who Should Attend

Fund managers and other financial institutions with foreign related corporations that are interested in providing services to customers in Singapore.

Sidley Speakers:

Josephine Law, Counsel

Reina Chua, Senior Associate

For questions or more information, please contact us at asiaevents@sidley.com.